Love Light And Melody A Not Forprofit Corporation
- Assets
- $394.3k
- Revenue
- $322.8k
- Investments
- $0.0
- Employees
- 4
- Location
- Boulder, CO
- Founding
- 05/2008
- Data as of
- 09/2023
- EIN
- 20-8894342
Organization Overview
Love Light And Melody A Not Forprofit Corporation is located in Boulder, CO. The organization was established in 2008. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 09/2023, Love Light And Melody A Not Forprofit Corporation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Light And Melody A Not Forprofit Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Love Light And Melody A Not Forprofit Corporation generated $322.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $580.6k during the year ending 09/2023. While expenses have increased by 12.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS AND AWARENESS FOR THE CHILDREN LIVING AND WORKING IN TRASH DUMP COMMUNITIES IN MANAGUA, NICARAGUA. WE BELIEVE THAT EVERY CHILD DESERVES TO LEARN, GROW AND WRITE THEIR OWN STORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NICARAGUA - ILEANA'S SCHOOL OF HOPE - LOVE LIGHT + MELODY AND OPEN HEARTS MINISTRIES PARTNER TO OPERATE A GRADE SCHOOL IN THE VILLA GUADALUPE RESETTLEMENT COMMUNITY TO SERVE BETWEEN 170 AND 191 CHILDREN FORMERLY LIVING IN THE LA CHURECA TRASH DUMP. ILEANA'S SCHOOL OFFERS 1ST THROUGH 6TH GRADE EDUCATION, WITH PLANS TO EXPAND TO SECONDARY SCHOOL EDUCATION IN THE FUTURE. THE ORGANIZATION ALSO PROVIDES ANNUAL SCHOLARSHIPS FOR MORE THAN 30 SECONDARY SCHOOL AND UNIVERSITY STUDENTS ACROSS MANAGUA.
LOVE LIGHT & MELODY FORMED A WEAVING CO-OPERATIVE IN A NEIGHBORING TRASH DUMP COMMUNITY IN NICARAGUA TO PROVIDE VOCATIONAL SKILLS TRAINING AND MEANINGFUL LIVELIHOODS OPPORTUNITY FOR FIVE FAMILIES. AFTER SEVERAL YEARS OF PRODUCING MATERIALS FOR U.S. DONORS, THE WEAVERS WENT THROUGH ADDITIONAL SMALL BUSINESS MANAGEMENT COACHING AND WERE GIVEN SEED FUNDING TO LAUNCH LOCALLY SUSTAINABLE BUSINESSES WITHIN THEIR COMMUNITY AND TAILORED TO THEIR OWN INTERESTS AND ABILIITIES.
NICARAGUA - SCHOOL EXPANSION - LOVE LIGHT & MELODY IS PARTNERING WITH ENGINEERING MINISTRIES INTERNATIONAL IN COMPLETING THE CONCEPTUAL DESIGN FOR AN EXPANDED SCHOOL CAMPUS, INCLUDING TWO-STORY HADICAPPED ACCESSIBLE FACILITIES THROUGHOUT. DIGITAL 3-D RENDERINGS ILLUSTRATE ADEQUATE CLASSROOM AND ADMINISTRATION SPACES AS WELL AS DEDICATED ART/MUSIC AND TECHNOLOGY LAB/LIBRARY FACILITIES. THE SCHOOL HAS ACQUIRED TWO ADJACENT PARCELS OF LAND TO GROW THE PHYSICAL FOOTPRINT OF THE CAMPUS AS WELL.
ILEANA'S SMILE IS A DOCUMENTARY FILM PREMIERED AT THE DENVER FILM FESTIVAL IN 2023 AFTER TEN YEARS IN THE MAKING. IT TELLS THE STORY OF A YOUNG GIRL WHOSE LIGHTNING SMILE, BRAVERY, AND HEART CHANGED OUR LIVES FOREVER. THE FILM EXISTS TO SHINE A LIGHT ON CHILD VULNERABILITY AND RAISE FUNDS FOR THE ELEMENTARY SCHOOL NAMED IN ILEANA'S HONOR. THE FILM WILL CONTINUE TO BE SHOWN IN THE FESTIVAL CIRCUIT IN 2024 WITH AN ONLINE RELEASE DATE TO FOLLOW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Corrigan President/fo | OfficerTrustee | 40 | $84,080 |
Margaret Lebeck Executive Di | Officer | 40 | $15,680 |
Scott Dever Board Chair | OfficerTrustee | 1 | $0 |
Tricia Radford Secretary | OfficerTrustee | 1 | $0 |
Pedro Ramos Treasurer | OfficerTrustee | 1 | $0 |
Jonathan Owsley Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $308,217 |
| Noncash contributions included in lines 1a–1f | $914 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $308,217 |
| Total Program Service Revenue | $0 |
| Investment income | $10,488 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$730 |
| Net Income from Fundraising Events | $4,794 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $322,796 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $156,438 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $170,320 |
| Compensation of current officers, directors, key employees. | $56,205 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,763 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,717 |
| Payroll taxes | $14,802 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,763 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,743 |
| Advertising and promotion | $21,306 |
| Office expenses | $11,857 |
| Information technology | $18,908 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,281 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $707 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,643 |
| All other expenses | $0 |
| Total functional expenses | $580,554 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,597 |
| Savings and temporary cash investments | $337,566 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,175 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $394,338 |
| Accounts payable and accrued expenses | $16,676 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,676 |
| Net assets without donor restrictions | $377,662 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $394,338 |